Earlier this month, a team of OAR members headed to Capitol Hill in Washington D.C. for the NAR Legislative Meetings & Trade Expo. I want to thank all the members for taking the time and effort to represent our state. We had an excellent turnout and it was exciting to participate in the process, advocating for Oregonian homeownership and private property rights.
During the week-long event, we met with several Legislators including Senator Ron Wyden, Representative Earl Blumenauer and Representative Suzanne Bonamici. A special thank you to our Federal Political Coordinators for making these meetings happen!
See a list of the FPC.
In addition, we were able to learn more about the National agenda to support REALTORS®. The key points were focused on Flood Insurance, Opportunity Zones, Association Health Insurance, Taxes and more.
Read the Capitol Hill Talking Points
In addition, every year NAR invites the sitting President to speak. This year President Trump accepted the invitation.
Watch the President's Address
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National Flood Insurance Could Expire
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Without Congressional action, the National Flood Insurance Program (NFIP) will expire at midnight on Friday, May 31, 2019. NAR is working to avoid a lapse while Congress continues to negotiate over a long-term reauthorization and reform measure.
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OAR Fall Convention & Trade Show
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OAR's annual Fall Convention and Trade Show makes its way to Oregon's beautiful capitol city at the award-winning Salem Convention Center. This is a great opportunity to take time to get up to speed on current trends, earn CE and make new connections.
We believe membership is a two-way street and "It Starts With You!" Show up, speak up and get involved with OAR!
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Registration for the NAR Brokers Edge workshop at the Embassy Suites at Washington Square Mall in Beaverton is now open! On Thursday, June 27 join us for this one day education and networking event designed for managing brokers and brokers to stay on the cutting edge of industry topics and market trends.
All OAR members welcome and attendees can earn up to 4 CE hours by attending sessions at Brokers Edge!
Topics include:
- Marketing & Branding
- Fighting Wire Fraud and Cyber CrimeTechnology
- Legal Hot Topics
- Hiring the Right Agents
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Want to be on an
OAR Committee?
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The July 20, 2019 deadline to submit applications for OAR’s 2020 Committees is quickly approaching! There are positions available on all committees! Key Committees, Special Committees, Work Groups and Task Forces work continually on behalf of the membership to achieve OAR’S objectives as approved in the strategic plan. Your time, input and work is invaluable.
Please apply online today!
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John L. Scott - Hillsboro
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OAR member Jordan Miller was recently featured in REALTOR® Magazine's 30 Under 30. In 2018, Jordan achieved a sales volume of $16.6 million through 44 transactions sides. He says his focus is on reducing stress for his clients and providing clear communication. Great work Jordan!
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This summer take a journey to excellence by completing NAR's Commitment to Excellence (C2EX) program.
This professional development program is open to all members, no additional fees apply. This is a great way to learn new skills as you journey through a series of ten (11 for Brokers) learning modules.
Complete the series by September 1, 2019 and you will be entered to win a $1,000 travel package from OAR!
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Oregon Loses a Great Public Servant, Jackie Winters
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State Senator Jackie Winters (SD-10) passed away on May 29, 2019 after a battle with cancer. Senator Winters was a groundbreaking Legislator and the first and only African-American Republican elected to the Oregon legislature and to hold the position of Caucus Leader. Senator Winters championed issues such as criminal justice reform and was known as a bipartisan consensus builder. Winters was a strong advocate for housing and real estate issues and was a past recipient of the American Dream Award. She will be dearly missed by all who knew her.
Learn more about her legacy.
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Revenue Forecast Signals Beginning of End
of Legislative Session
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The
end of session revenue forecast
was released by the State Economist on May 15, telling legislators how much money they can expect to bring in in the current biennium (2017-2019) and the next (2019-2021). Revenues for 2017-2019 are up $900M over the forecast issued just three months ago, and $2.4 billion more than was initially predicted back in 2017.
The strong revenue forecast is expected to result in an income tax kicker—to be issued with 2019 tax returns—totaling $1.4 billion.
The revenue forecast was a key milestone for legislative leaders to determine what to do with hundreds of bills that require state expenditures and are sitting in the Ways and Means Committee. Many of these bills relate to housing and land development, and OAR is tracking them closely. Bills that OAR is supporting include efforts to help homeowners replace failing septic systems (
SB 756
), comply with woodsmoke emissions regulations (
SB 1031
/
HB 3408
), and provide grants or loans to communities for workforce housing (
HB 2055A
/
HB 2056
), among others.
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Major Housing Policy Bills Still Remain
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There are several significant housing policy bills still in play after the legislature’s most recent committee deadline on May 24.
HB 2001
, which would allow for the development of duplexes, triplexes, quadplexes, cottage clusters and townhouses on land currently zoned for single family housing in cities with more than 25,000 people, awaits action in the Ways and Means Subcommittee on Transportation and Economic Development. A bill to allow for accessory dwelling units (ADUs) on rural residential lands sits in Ways and Means (
SB 88A
) and a bill limiting the ability of landowners to build forest template dwellings (
HB 2225A
) cleared a Senate Committee last week. We will keep you apprised of developments on these and other important pieces of legislation.
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Want more information on Legislation effecting REALTORS®?
We can only touch the surface of what is going on in Salem in these E-News updates. If you have questions, concerns or comments about any legislation effecting REALTORS®, please contact Political Advocacy Director and Staff Counsel
Jeremy Rogers
.
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Are you interested in helping advocate for homeownership?
Text “REALTORS” to 30644!
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Question:
The new landlord/tenant law around rent control only applies to buildings older than 15 years and limits rent increases to 7% + CPI each year. What if a property that is older than 15 years is significantly remodeled? Would it now be considered newer than 15 years old and therefore the new law would not apply?
Answer:
Unlikely. The law states that the age of a building is calculated based off when the first certificate of occupancy was issued for a dwelling. If there was a significant remodel, it typically would not be considered a new dwelling and would not require a new certificate of occupancy. However, if the building was essentially torn down to its foundation, it could be argued that it’s a new dwelling and therefore, once issued, the new certificate of occupancy would be the first for the dwelling and it would be newer than 15 years old. However, as is the case with many aspects of this new law, much will not be known until litigated and therefore, if the above scenario were to happen, we would strongly encourage consulting with legal counsel.
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LEGAL HOTLINE SUBSCRIPTION
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Have you signed up for the Legal Hotline?
The Oregon Association of REALTORS® Legal Hotline provides subscribers the opportunity to ask real estate-related questions of an attorney specializing in real estate and contract law. OAR can advise member subscribers on a variety of topics including disclosure, license law, contracts and offers.
The cost for a one year Legal Hotline subscription is $125 per individual subscription. The Legal Hotline is open Monday – Friday, 9:00 a.m. to 12:00 p.m. (except during NAR & OAR conventions and holidays). Subscribers may e-mail questions to the Legal Hotline at any time and can expect an answer within 24 hours (excluding weekends and holidays). Changes in license status or brokerage will not affect an individual's subscription or access to the Legal Hotline.
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Want to know what's going on at NAR? Join us for a webinar hosted by NAR's General Counsel and Chief Member Experience Officer, Katie Johnson, and OAR's Chief Executive Officer, Jenny Pakula. Together, Katie and Jenny will bring you the latest legal updates happening at NAR.
Monday, June 10, 2019
9:30 am-10:30 am
1 Hour CE in Risk Management
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OAR is excited to bring you a new professional development program just for Principal Brokers. The first session is taking place this fall in Salem and is already sold out! Interested in participating in our next session being offered in Medford in January and February 2020?
Reserve your space today!
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Transaction Coordinators are quickly becoming common place for successful real estate professionals looking to get more done and save considerable time. Our program is designed to help aspiring Transaction Coordinators ramp up quickly through our comprehensive courses that give you the knowledge and tools you need to be successful. Get started today to build and establish a successful transaction coordinator business.
Click here to get started today!
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Looking to add an NAR designation? Get your Seller Representative Specialist Designation (SRS) on Tuesday - Wednesday, July 30-31, 2019 9:00 a.m. - 4:00 p.m. in Salem.
Special Member Price! $250 2-day course, Meals, 12 CE Hours, 12 GRI Elective Credits AND NAR Designation!
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6 CE Hours | Gresham, OR
In this course you will exercise your writing, speaking, and overall delivery skills as well as study assertiveness and the art of persuasion. This course will enhance your abilities as a communicator and sharpen your skills.
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6 CE Hours | OAR Training Room Salem, OR
A solid understanding of all aspects of real estate finance is essential for guiding your clients through one of the most important purchases in their lives. This course will cover the mortgage process, escrow & title, loan programs, details in lending, rules (Dodd-Frank, HOPEA & Section 32, triggering loan estimates, TRID/”Know Before You Owe”), seller financing, short sales & foreclosures, 1031 exchanges, and investment properties.
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6 CE Hours | Woodburn, OR
“Working with Buyers” is designed to provide a solid foundation upon which to build an outstanding relationship of service to your buyer clients.
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6 CE Hours | North Bend, OR
This course will cover various aspects of “The Transaction” including risk management, records retention, contracts, timelines and more. You will learn ways to use popular transaction management systems and platforms to reduce risk and create strategies to manage your business, contracts and contacts by using the tools that are discussed.
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6 CE Hours | Medford, OR
In this course you will exercise your writing, speaking, and overall delivery skills as well as study assertiveness and the art of persuasion. This course will enhance your abilities as a communicator and sharpen your skills.
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6 CE Hours | Dundee, OR
In this course you will learn about the promises between parties conditioned on certain events and enforceable by law, all the necessary elements of a contact, offer and acceptance, consideration, capacity of parties, and lawful purpose.
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In 2018, the HOME Foundation awarded almost $200,000 in grants to help home ownership opportunities for Oregonians at or below local median income. The funding is due mostly from the generosity of our sponsors and participants in our two large events, Driving it HOME Golf Tournament and the Taste of Oregon. Learn more about each event below and how you can get involved!
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The Driving it HOME Golf Tournament is Thursday, July 18, 2019 at the beautiful Langdon Farms. We have a few opportunities remaining to get involved! You can golf, purchase raffle tickets or support the HOME Foundation by becoming a sponsor.
Don't miss this great event! L
ast year, over 150 golfers helped make this tournament one of the most successful events EVER for the HOME Foundation!
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Registration is now open for most delicious event of the year, The Taste of Oregon set for Thursday, September 12, 2019 at Castaway in Portland. Over 25 vendors and booth sponsors serve up some of Oregon's best food and beverages, all benefiting the HOME Foundation. Hundreds of industry professionals attend each year to gather and celebrate a special evening. The event also features a silent auction with incredible packages from sporting events to vacation bundles. Its super easy to participate and bidding is done through your cell phone!
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June 27- Broker's Edge
Embassy Suites- Washington Square
July 18 - Driving it Home Golf Tournament - Golfers & Sponsors Needed!
Langdon Farms - Aurora, Oregon
September 12- Taste of Oregon
Castaway - Portland, Oregon
October 1-3 - OAR Fall Convention & Trade Show
Salem Convention Center - Salem, Oregon
November 8-11 - NAR Conference & Expo
San Francisco, California
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Registration is now open for NAR's fall conference in San Fransisco! This years theme, "Imagine the Possibilities," connects with the culture of the city and what attendees can expect at the
largest annual event for the most successful real estate professionals.
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Oregon Association of REALTORS
®
2110 Mission Street SE, #230 Salem, OR 97302
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